Storytel Ab Stock Current Ratio

STORY-B Stock  SEK 60.20  1.05  1.71%   
Storytel AB fundamentals help investors to digest information that contributes to Storytel's financial success or failures. It also enables traders to predict the movement of Storytel Stock. The fundamental analysis module provides a way to measure Storytel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Storytel stock.
  
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Storytel AB Company Current Ratio Analysis

Storytel's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

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Current Storytel Current Ratio

    
  1.95 X  
Most of Storytel's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Storytel AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Storytel AB has a Current Ratio of 1.95 times. This is 31.1% lower than that of the Technology sector and 7.14% lower than that of the Software - Application industry. The current ratio for all Sweden stocks is 9.72% higher than that of the company.

Storytel Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Storytel's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Storytel could also be used in its relative valuation, which is a method of valuing Storytel by comparing valuation metrics of similar companies.
Storytel is currently under evaluation in current ratio category among its peers.

Storytel Fundamentals

About Storytel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Storytel AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Storytel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Storytel AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Other Information on Investing in Storytel Stock

Storytel financial ratios help investors to determine whether Storytel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Storytel with respect to the benefits of owning Storytel security.